this post was submitted on 11 Sep 2023
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This is the best summary I could come up with:
(NEXSTAR) – Hoping the the massive Facebook privacy settlement is about to change your life?
Facebook parent company Meta recently agreed to pay $725 million to settle claims it violated users’ privacy by sharing their data with third parties.
In a court hearing on the lawsuit Thursday, class counsel revealed more than 28 million claims were filed before the deadline passed in August.
After attorneys’ fees and administrative costs, the settlement amount is still huge – but it won’t feel that way to the average person.
Because there are so many eligible recipients, lawyers for the plaintiffs told Judge Vince Chhabria they expect the median payment to be around $30.
On Thursday, Judge Chhabria gave the lawyers representing the plaintiffs another week to file some additional documents with the court.
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